RE: Why RPTUnlike several other juniors, this company has actually found uranium. Management has lots of experience in uranium, so they should know what they are doing. They are well funded so I wouldn't expect any cheap financings in the near future. They have some good properties in the Athabasca and Sibley Basins and they are also shopping for new properties.
The downside is that, in the last round of financings, they sold a pile of shares at .40 cents that have warrants attached at .60 cents. Unless they can produce some stellar results, IMO there will be selling pressure either for tax loss below .40 and profits above .40 cents.
Sam